Q. RRBs are owned by_______?
Answer: Jointly by all of the above
Notes: RRBs are jointly owned by the Centre, the respective state governments and sponsor banks, with the issued capital sharing in the ratio of 50:15:35 respectively. As per the RRB Act, 1976, the authorized capital of each such bank is Rs 5 crore and the issued capital is maximum Rs 1 crore.

This question is part of 40000+ MCQs GKToday PCS Mock Tests Series in GKToday Android app. Question Number: 72 in GKToday PCS Mock Test - 257 in above course in App.